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Wednesday, December 4, 2024
Social Media Stock Thumzup Media Corporation (Nasdaq: $TZUP) Gains on AI Integration
Social Media Stocks and the Importance of Artificial Intelligence- Stocks Mentioned; Thumzup Media Corporation (Nasdaq: $TZUP) @thumz_up, Meta Platforms, Inc (Nasdaq: $META), Pinterest, Inc. (NYSE: $PINS), Snap Inc. (NYSE: $SNAP)
Social Media Stocks and the Importance of Artificial Intelligence-
Stocks Mentioned; Thumzup Media Corporation (Nasdaq: $TZUP) @thumz_up, Meta
Platforms, Inc (Nasdaq: $META), Pinterest, Inc. (NYSE: $PINS), Snap Inc. (NYSE:
$SNAP)
December 4, 2024 –Investorideas.com, a global news source and expert investing resource covering AI and tech
stocks issues a snapshot for the sector featuring Thumzup Media Corporation (Nasdaq: TZUP), an emerging leader in social media branding and
marketing solutions that just announced AI implementation for its platform.
Stocks mentioned in this article: Meta Platforms, Inc
(Nasdaq:
META), Pinterest, Inc. (NYSE: PINS), Snap Inc. (NYSE: SNAP).
Research and Markets recently reported, ”The AI
in social media market is expected to grow at a CAGR of 28.53%, reaching a
market size of US$6.74 billion in 2029 from US$1.92 billion in 2024. AI is altering the landscape of social media
at breakneck speed.”
Precedence Research says it
is expected to be worth around USD 54.07 billion by 2034.
Positioning for this growth,Thumzup Media Corporation (Nasdaq: TZUP) just announced a strategic partnership with Tedras
Global Solutions, LLC and its principal, Courtney Doutherd, a globally recognized software
engineer and artificial intelligence (AI) expert. This
collaboration aims to integrate state-of-the-art artificial intelligence (AI)
into Thumzup’s flagship ad-tech platform, marking a bold step toward redefining
social media advertising.
Paid News Dissemination of behalf of TZUP
Read this
news, featuring TZUP in full at https://www.investorideas.com/news/2024/technology/12041Social-Media-Stocks-AI.asp
From the
news: Courtney Doutherd, a globally recognized AI expert
and alumnus of MIT and Wharton, brings over 25 years of proven experience in
AI, software engineering, and program management to lead Thumzup’s AI
initiatives. With a distinguished career that includes contributions to
industry leaders like SpaceX, Oracle, Microsoft, and IBM, Doutherd has achieved
notable milestones such as developing robotic integration software for space
shuttles and satellites, pioneering Blu-ray technology at Sony, and
establishing AI frameworks at Bell Labs and Xerox PARC. Her expertise extends
to implementing a microfinance system across 60+ countries. Doutherd’s
leadership ensures Thumzup’s platform is poised for unparalleled scalability
and personalization, leveraging groundbreaking AI frameworks and engineering
large-scale systems to drive transformative growth.
Strategic Highlights:
- The integration of advanced AI technologies is
projected to enhance Thumzup’s platform performance by improving
recruiting, training and support of gig economy sales people, advertisers
and users
- By allowing brands to
easily, programmatically, and directly pay consumers for their social
media posts, Thumzup introduces a unique, democratized approach to social
media advertising.
- With Doutherd’s leadership, the company is poised
to deliver rapid innovation and remain at the forefront of ad-tech
advancements.
We are excited to welcome Courtney to the team,”
said Robert Steele, CEO of Thumzup. “His vast expertise in AI and programmatic
systems should accelerate the execution of our vision deliver next-generation
technology to consumers and businesses. Together, this will enhance the Thumzup
platform as the premier solution for social media branding and marketing.”
Steele added, “Integrating advanced AI capabilities
will not only streamline our platform’s operations but also significantly
broaden our market reach and effectiveness, accelerating our growth and
efficiencies to enhance the platform experience for both advertisers and
creators. This milestone establishes a robust foundation for our ongoing growth
and innovation, solidifying Thumzup as a leader in the social media advertising
landscape.”
Thumzup is uniquely positioned to capitalize on the
surging demand for personalized digital marketing solutions, offering
businesses a way to directly connect to their audience while rewarding users
for authentic engagement. This initiative highlights the Company’s commitment
to enhancing shareholder value through technological leadership and market
differentiation.
Yesterday Thumzup Media Corporation (Nasdaq: TZUP) announced its plans to redefine
digital advertising by integrating its disruptive ad tech platform with Elon
Musk’s X Corp. (formerly Twitter), a social media giant with over
535 million monthly active users. This expansion aligns with Thumzup's mission
to maximize advertiser reach and turn everyday users into brand ambassadors.
From the
news: By integrating with X, Thumzup expands its potential
reach to a massive and engaged audience, complementing its existing presence on
Instagram. This would position Thumzup for continued growth in the booming
digital advertising market which is expected to exceed $1 trillion by 2027.
Thumzup
Media Corporation announced in November the beta
launch of its highly anticipated video capabilities, including integration with
Instagram Reels. Instagram and its trademark are owned by Meta Platforms, Inc (Nasdaq: META).
From the
news: “We are excited to unveil our new video posting
feature and its integration with Instagram Reels. I strongly believe Thumzup’s
integration with Instagram Reels should significantly accelerate our growth.
This new feature in our ad-tech platform provides our community of users with
new opportunities to monetize their creativity while offering our advertisers a
more dynamic way to connect with audiences on one of the most popular social
media platforms,” stated Thumzup Chief Executive Officer Robert Steele. “With
an audience of over 726 million unique users, Instagram Reels’ provides
enormous reach and engagement [1]. We expect Thumzup’s Instagram Reels
integration will be transformative for our community, advertisers, and
shareholders.”
On October 30th Instagram, WhatsApp and Facebook’s
owner (Nasdaq:
META) reported financial results for the
quarter ended September 30, 2024.
"We had a good quarter driven by AI progress
across our apps and business," said Mark Zuckerberg, Meta founder and CEO.
From the
news:
·
Third Quarter 2024
Operational and Other Financial Highlights
·
Family daily active people
(DAP) – DAP was 3.29 billion on average for September 2024, an increase of 5%
year-over-year.
·
Ad impressions – Ad
impressions delivered across our Family of Apps increased by 7% year-over-year.
·
Average price per ad –
Average price per ad increased by 11% year-over-year.
·
Revenue – Total revenue was
$40.59 billion, an increase of 19% year-over-year. Revenue on a constant
currency basis would have increased 20% year-over-year.
·
Costs and expenses – Total
costs and expenses were $23.24 billion, an increase of 14% year-over-year.
·
Capital expenditures –
Capital expenditures, including principal payments on finance leases, were
$9.20 billion.
·
Capital return program –
Share repurchases were $8.86 billion of our Class A common stock and total
dividend and dividend equivalent payments were $1.26 billion.
·
Cash, cash equivalents, and
marketable securities – Cash, cash equivalents, and marketable securities were
$70.90 billion as of September 30, 2024. Free cash flow was $15.52 billion.
·
Long-term debt – Long-term
debt was $28.82 billion as of September 30, 2024.
·
Headcount – Headcount was
72,404 as of September 30, 2024, an increase of 9% year-over-year.
Another one of the top social media stocks talking
about the importance of AI implementation, Pinterest, Inc. (NYSE: PINS) announced on November 7th its
financial results for the quarter ended September 30, 2024.
From the news:
·
Q3 revenue grew 18% year over year to $898 million.
·
Global Monthly Active Users ("MAUs")
increased 11% year over year to 537 million.
·
GAAP net income was $31 million for Q3. Adjusted
EBITDA* was $242 million for Q3.
·
Total costs and expenses were $904 million.
"We delivered another strong quarter with
users reaching another all-time high of 537 million and revenue growth at
18%," said Bill Ready, CEO of Pinterest. "Our AI investments are
driving results by powering better personalized experiences and greater
performance for advertisers, with our lower-funnel ad tools being the
fastest-growing part of our business. Advertisers are increasingly relying on
Pinterest to engage our growing audience who see us as a great place to find
inspiration, curate and shop."
Also reporting earnings and talking about the
importance of AI in its growth, Snap Inc. (NYSE: SNAP) announced financial results on October 29th
for the quarter ended September 30, 2024.
"I’m proud of the team’s progress this
quarter, delivering strong community growth and deepening engagement while
driving improved financial performance," said Evan Spiegel, CEO. "Our
investments in AI and AR are powering new creative experiences for our community
and driving innovation across our advertising platform, underpinning our
long-term growth opportunity."
From the news:
·
Q3 2024 Financial Summary
·
Revenue was $1,373 million, compared to $1,189
million in the prior year, an increase of 15% year-over-year.
·
Net loss was $153 million, compared to $368 million
in the prior year.
·
Adjusted EBITDA was $132 million, compared to $40
million in the prior year.
·
Operating cash flow was $116 million, compared to
$13 million in the prior year.
·
Free Cash Flow was $72 million, compared to $(61)
million in the prior year.
Looking to the future, as AI technology advances at
exponential rates, AI in social media offers an unlimited future of reshaping social
media marketing, branding and its revenue growth.
Research more AI stocks with Investorideas.com free
stock directory
https://www.investorideas.com/TSS/Stock_List.asp#Robotics
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New TSX Listed Stocks to Watch; (TSXV: $SUN.V) (TSXV: $FDI.V) (TSX: $PSD.TO) (TSXV: $CCEC.V) (TSXV: $DDD.V) (TSX: $AW.TO) (TSX: $FAR.TO) (TSXV: $CNVI.V)
New TSX Listed Stocks to Watch; (TSXV: $SUN.V) (TSXV: $FDI.V) (TSX: $PSD.TO) (TSXV: $CCEC.V) (TSXV: $DDD.V) (TSX: $AW.TO) (TSX: $FAR.TO) (TSXV: $CNVI.V)
November 15, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the Solar, Real Estate, Energy, Tech, Biotech, Restaurant and Mining sectors.
All companies are TSX or TSX Venture listed.
New stocks added today: Stardust Solar Energy Inc. (TSXV: SUN), Findev Inc. (TSXV:FDI), Pulse Seismic (TSX:PSD), CanCambria Energy Corp. (TSXV:CCEC), Metavista3D Inc. (TSXV:DDD), A & W Food Services of Canada Inc. (TSX:AW), Foraco International (TSX:FAR), Conavi Medical Corp. (TSXV:CNVI)
Read this in full at https://www.investorideas.com/news/2024/main/11151Stocks.asp
Investor Ideas is always researching and searching for new stocks to add to our growing list of free stock directories. The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
New Stocks Added to the Cleantech Directories:
Stardust Solar Energy Inc. (TSXV: SUN) (FSE: 6330) is a leading North American franchisor of renewable energy installation businesses. Franchisees sell and install; PV, energy storage systems and EV chargers. Stardust Solar lends its brand and business management services to entrepreneurs looking to enter the renewable energy industry. Franchisees are supported with suite of services including: system design and engineering; marketing and lead generation; sales support; proposal generation; customer service; financing; and project management. The Company also offers industry leading certified training programs for the design, installation and sale of renewable energy systems. Their courses are approved by CSA and NABCEP.
New Stocks Added to the Real Estate Directories:
Findev Inc. (TSXV:FDI) is a publicly traded real estate finance company focused on financing real estate developers with shorter-term loans for one to five years during the development or redevelopment process. Loans are secured by investment properties and real estate developments throughout the Greater Toronto Area. Findev's unique market advantages include its expertise in real estate development and access to its real estate development partners. As a result, Findev is uniquely suited to assist developers engaged in challenging projects
New Stocks Added to the Energy Directories & Natural Gas:
Pulse Seismic (TSX:PSD) is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin, where most of Canada’s oil and natural gas exploration and development occur.
CanCambria Energy Corp. (TSXV:CCEC) Founded by a team of industry professionals with decades of international experience, CanCambria Energy Corp was incorporated in British Columbia as a oil and natural gas exploration and production company in 2017.
New Stocks Added to the Tech Directories:
Metavista3D Inc. (TSXV:DDD) Metavista3D users experience a 3D spatial experience on a regular display without headaches and eyestrain caused by Head Mounted Displays (HMDs).
Powered by state-of-the-art holographic technology, the Metavista 3D display projects lifelike, high-definition 3D images that float in mid-air, creating a mesmerizing visual experience. Our patented technology ensures the perfect blend of depth, clarity, and color accuracy, allowing you to explore the Metaverse in ways you never thought possible.
The adaptive multi-view system ensures that every individual enjoys an optimal 3D experience, whether you're watching solo or with a group of friends. With an ultra-wide viewing angle, the Metavista 3D display delivers consistent, high-quality imagery, even as you change positions or move around the room. Designed for the Metaverse, the Metavista 3D display offers seamless integration with all major platforms, providing you with unparalleled access to an ever-growing library of content. From breathtaking virtual landscapes to pulse-pounding gaming, from captivating social events to immersive educational experiences, the Metavista 3D display brings the digital universe to life before your very eyes. The Metavista 3D display is not just a cutting-edge display; it's a gateway to a new world, a boundless universe waiting to be explored. Say goodbye to the constraints of traditional screens and cumbersome VR headsets. Embrace the future of immersive entertainment with the Metavista 3D display, and embark on an unforgettable journey into the heart of the Metaverse.
New Stocks Added to the Restaurant Directories:
A & W Food Services of Canada Inc. (TSX:AW) is a leading QSR and the second largest burger chain in Canada with a 68-year history of service excellence, menu innovation and value creation. Operating coast-to-coast and serving over 197 million guests annually, A&W restaurants feature famous trade-marked menu items such as The Burger Family®, Chubby Chicken® and A&W Root Beer®.
New Stocks Added to the Mining Directories:
Foraco International (TSX:FAR) is a leading global mineral drilling services company that provides a comprehensive and reliable service offering in mining and water projects. Supported by its founding values of integrity, innovation and involvement, Foraco has grown into the third largest global drilling enterprise with a presence in 21 countries across five continents.
New Stocks Added to the Biotech Directories:
Conavi Medical Corp. (TSXV:CNVI) is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. Its patented Novasight Hybrid™ System is the first system to combine both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries. The Novasight Hybrid System has 510(k) clearance from the U.S. Food and Drug Administration; and regulatory approval for clinical use from Health Canada, China’s National Medical Products Administration, and Japan’s Ministry of Health, Labor and Welfare.
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